US Expected to Scrap Visa Program for Entrepreneurs

President Donald Trump’s administration is postponing and plans to drop a program to provide visas for foreign entrepreneurs who launch companies in the United States. The visa program, proposed last year by former President Barack Obama, was intended to give entrepreneurs who are not eligible for other types of visas …

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Food Crises Getting Worse in Somalia, Kenya

Severe food crises are growing in Kenya and Somalia, as the Horn of Africa continues to receive below-normal rainfall, according to the Famine Early Warning Systems Network. The hunger-tracking group says 2.9 million people in Kenya and 3.2 million in Somalia are experiencing Phase 3 or higher on the network’s …

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China’s COSCO to Buy Orient Overseas for $6.3 Billion

China’s biggest shipping company, state-owned COSCO Shipping Holdings Co., is creating the world’s No. 3 container shipping giant by acquiring rival Orient Overseas (International) Ltd. Shares in both companies surged Monday following the announcement of the $6.3 billion deal. A wave of consolidation has created huge competitors in a global …

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Canada’s Desjardins Suspends Lending for Energy Pipelines

Canadian lender Desjardins is considering no longer funding energy pipelines, a spokesman said Saturday, citing concerns about the impact such projects may have on the environment. Desjardins, the largest association of credit unions in North America, Friday temporarily suspended lending for such projects and may make the decision permanent, spokesman …

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Trump Is Biggest Attraction at G-20 Summit

The G-20 summit of the world’s richest economies wrapped up Saturday against a backdrop of angry protests, and a pledge by leaders to fight protectionism in the face of U.S. President Donald Trump’s “America First” policy and Brexit. The U.S. leader took center stage at the two-day gathering, and his …

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Uganda Public Workers Resist New Dress Code

No more mini-skirts and large earrings for female civil servants in Uganda. Male staff are now required to wear a jacket and tie. The Ugandan government instituted a new dress code for public workers this week, and it continues to anger some people. Women activists in Uganda have criticized the …

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China Says Jump in North Korea Trade Just a Blip

A jump in first-quarter trade between China and North Korea was “unexpected” and masks a declining trend, a state-run Chinese newspaper said Friday, after U.S. President Donald Trump denounced China’s trade with its isolated neighbor. Trade between China and North Korea grew almost 40 percent in the first quarter, Trump …

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